>Yahoo is writing down the value of its Tumblr acquisition by $482 million, citing lower projections for the social network's future performance, the company announced Monday. This comes after Yahoo (YHOO, Tech30) took a $230 million similar writedown last quarter on its Tumblr buy. In total, Yahoo has now written down more than half of Tumblr's value since acquiring it for $1.1 billion in 2013 -- rendering Mayer's biggest acquisition to date effectively worthless.
My friends sister was specifically recruited by tumblr. It's weird, because she's just an average web programmer, yet they specifically sought her out and gave her a ridiculously high salary.
I'm guessing it's only because she's one of a few fairly competent female programmers. Yet here I am, having written 2 of my own games that I've made a small amount of cash from, and I don't hear any studio's sending me emails offering me jobs...
>During Tuesday's earnings call, Yahoo CEO Marissa Mayer took a moment to dispute some of the recent media reports about Yahoo's reportedly lavish spending, including the $7 million holiday party and $450 million of free food.
>Marissa Mayer may have spent $70K so top execs could dress up as 'Wizard of Oz' characters
topkek
Kayden Campbell
>CEO Marissa Mayer — already under fire for spending more than $7 billion on acquisitions that have yet to pay off over the last three years — intends to shell out another $3 billion to bolster the struggling Web giant’s content arsenal, say sources close to the company.
Shopping spree!!!
Jose Reyes
I hope this dumb whore gets raped
Lucas Wilson
>She threw down $3 million to sponsor the May 2015 Met Gala and $2 million to sponsor the World Economic Forum in Davos, Switzerland, last January. Hedge fund manager and Yahoo shareholder Eric Jackson submitted a 99-page presentation to the company’s board calling for Mayer’s ousting, lambasting the CEO for unnecessary expenditures like 22,000 iPhones.
And critics are grumbling about Mayer’s lavish spending on bold-face contributors like Katie Couric (whose contract recently got renewed for a reported $10 million per year) and companies like Tumblr, for which Mayer paid $1.1 billion in 2013. It’s currently valued at $0.
Tumblr was just a fad, a meme that was a neat novelty for 15 minutes before whiny SJW freaks turned it into their hug box
Christian Morris
I was hoping nobody would post this, because I HAVE to listen to it every time
I will not be sleeping for hours
Dominic Foster
They just assign woman to failures. Tumbler was shit to begin with, a network for faggots.
Alexander Evans
I always enjoy reading about female CEOs, it's very inspiring.
>Two years ago, Elizabeth Holmes was America's youngest female billionaire.
>Today she sits disgraced, banned from her own industry, under investigation by multiple government authorities, and facing at least eight lawsuits from disgruntled customers.
>Oh, and her billions are long gone.
ah yes
Hudson Jackson
white people be laughin like
Cooper Murphy
Source?
Luis Cox
Ah, shit that's right, I forgot.
Jayden Torres
>Tumbler was shit to begin with, a network for faggots.
And yet she decided it buy it for over a billion spondulix.
Daniel Wilson
I have no idea how you can piss away 1 billion dollars.
Even if you only jew away 50 millions bucks of that you could live off the interest on that cash and never have to work again
Austin Morales
What did she do By which I mean both field and mistakes
Juan Clark
Mobile phone game companies are being valued at billions of dollars.
Once a bidding war starts mega companies will pay stupid amounts of cash for anything
Benjamin Thompson
>buying after the peak
Top kek. She should have bought myspace too
Xavier Diaz
Where were you fucks when the Lutheran church was debating whether or not women were human beings?
lol germany
Nolan Myers
Lmao kek this is almost as bad as the Ellen pao fiasco on reddit
Nathaniel James
>Marisa (((Meyer)))
Now that I know this fact there is no way these Jews took a loss. We need to open their books up.
Jonathan Baker
Oh.
She did the Ouya thing. :^^^^)
Except for medical equipment.
So people are basically P I S S E D off and she's being cooked alive.
Do NOT fuck with a man's medical equipment.
Ethan Ward
From what I've heard she never had it. It was all just accounting smoke and mirrors.
Parker Ortiz
net worth is tied to her stock ownership
her asset WAS worth in the billions when speculators like me bought the volatility and hyped up bio-stocks
now that the price has crash, so does her asset and networth
she still has handsome salary from her company, but she can't sell her company stocks like regular retail investors can without filing a form 4 before releasing her shares to the open market
Aaron Roberts
oy vey going full nazi wasn't a smart move.
I hope the same happens to Facebook,Reddit, and Twitter
Zachary Moore
RICE'D how can white "men" compete
Angel Jones
>Lmao kek this is almost as bad as the Ellen pao fiasco on reddit How is it 'almost' as bad when the Ellen Pao thing was resolved with basically nothing being lost and indeed the Reddit leaders came out on top afterwards by virtue of enacting a massive purge afterwards?
Easton Hill
No, her billions are intact. Most VCs encourage founders to liquidate, to ensure they remain interested in building a company as opposed to chasing money. She's made her money.
Dylan Allen
Holy shit this Jew bitch is giving payouts to all of her friends.
>Jews >wasting money
Benjamin Lee
>Once a bidding war starts mega companies will pay stupid amounts of cash for anything And the CEO is there to make the call and take the fall if it's a bad call.
tl;dr built a multi-billion-dollar company on a game-changing blood testing method brought to the market by a female genius, the youngest female billionaire ever! you go girl!
(also the method didn't actually work)
(but they still provided their throw-a-dart-at-a-dart-board-tier results pretending it did)
Robert Martin
Wth did she expect from a blog? No one blogs anymore. It's all about pictures and captions.
Asher Collins
1,1 billion is not much for a Company the size of Yahoo though also wasn't she involved in buying a stake in Alibaba?
Blake Cruz
EVERYONE knows that the REAL men are ALIEN men
human women LOVE the alien cock
XENO'D: how can human """men" even compete?
Ethan Moore
Having to take pain pills for a herniated disc and listening to that almost made me throw up
Brandon Ross
also nobody wants to buy ad space when 90% of the big content is just Furry Porn or BLACKED gifs
Christopher Stewart
>be woman >make company buy website whose only claim to fame is pandering to wymyn and spreading feminism >turns out it's fucking worthless
great job
Mason Lewis
>Wth did she expect from a blog? No one blogs anymore. It's all about pictures and captions. Which arguably IS what Tumblr does best.
No. Many have explained how it could've been turned around, but Tumblr just wasn't USED for any other Yahoo product or indeed monetized in any way.
Yeah. Kind of interesting that.
Jason Jackson
Yeah I remember Reading about Theranos. It really sounded to good to be true, and I guess it was. In Sweden we still do Everything in labs. Of course our Health care system is a lot more effective than the inferior Americunt one.
Robert Mitchell
what games? how much money? ways of distribution? are you on linkedin?
Luke Martin
It makes me sad because I used to work at Yahoo back in the early days. It was an awesome company to work for. All I can say is women ruin everything.
Isaiah Perry
>Ship starts to sink, you can see the holes, rotten wood frame, crumbles walls, faded paint >Woman comes in, buys it at higher price than it's worth and thinks she can turn it around and make 4x what she paid
I see this all the time when I help people finalize contracts for their mortgages. NEVER LISTEN TO WOMEN PERIOD. My favorite line is "We can repair it over time." If you hear this YOU KNOW YOU FUCKED UP BIG.
Henry Bell
No she's broke. And her business idea is fallacious. No doctor would trust a test that's from Wahlgreens. But of course you guys don't understand this. The field of medicine will never accept tests that are not from real labs.
10 years of yahoo stocks don't display anything particularly drastic
if she's such a useless cunt (which i suspect is true due to the frivolous spending), why isn't the company crashing with no survivors?
Ian Fisher
2 mobile games, currently at $3,500 for my first, and $2,600 for my second. No linkedin.
Logan Hall
Are women reverse King Midas'?
Joshua Perry
If you are a young white woman in Silicon Valley, you have it made. VCs will be all over to shower you with money, companies give you prime time access and support to get over the "tech companies aren't women friendly" crap, and you get courted by rich successful men. The only segment who have it better than white women in SV are white men from Stanford or Harvard. You'll be set on a path to make billions with little to no hard work.
Elizabeth Holmes is set for life. She can easily retire now or be invited to be CEO of some other company after Theranos shutters.
William Wood
Stagnation is still death IMO, they've always been 10 or more steps behind google since the late 90's. The failure to expand and become something more like amazon before they existed was RIFE with potential. Been the same story with them woman or not for 20 years.
Christopher Thomas
Become trans
Easton Harris
Who uses yahoo regularly? They don't value privacy, which means they are competing with MS and Google. Both of which offer better search engines, better news pages, and better mail services.
James Rodriguez
>(((Mayer)))
I can't find proof
Parker Clark
The media doesn't understand how investing works here in the valley. I know one of the investors in Theranos. It isn't uncommon for founders, specially of 'unicorns', to cash in early. She's cashed in.
Easton Parker
They're one of the few sites with comments
Brody Howard
This. Yahoo news comment section is god tier
And the old people arguments are hilarious
Nathan Morales
Plenty of sites have comments. Disqus is a pretty common thing these days.
Benjamin Turner
So it's nothing that Yahoo is doing, just the people that happen to use it?
Jackson Cooper
>Tumblr's failing because Yahoo's run by a GURL XD
>Not because it's an SJW ridden shithole that won't ban people for doxing and suicide baiting in the name of feminism
Any business owner this out of touch with their product and userbase deserves to go broke
Gavin Sullivan
Correct. The comment section looks like /pol vs reddit I swear to god. You'd be surprised how many "normal" people hold our views
Juan Thompson
>implying she decides shit, not some jews in nearby cabinets.
Adrian Perry
Yahoo wasn't ruined by Mayer it was ruined by every other better website.
Zachary Rodriguez
Get a LinkedIn you would be getting like 5+ job offers weekly like me. There is simply not enough programmers in the world. Are those games free and you learn from advertising? also how much time did it took you to make them?
beginner gamedev here who wants to live off making games
Owen Garcia
I've found Disqus censors and moderates way more strictly.
Bentley Thomas
>On June 1, 2016, Forbes revised its estimate of Holmes's net worth from $4.5 billion to zero, after dropping its estimate of Theranos's worth to approximately $800 million. Because Holmes owns common shares while other Theranos investors own preferred shares, Holmes would be last in line for payment if the company were liquidated.
Connor Morris
Why not give Tumblr a helping hand in crashing it, with no survivors?
What could be more funny than Tumblrinas, homeless, with no safe space to crawl to, and constantly triggered? Show no quarter, for they deserve none.
Christian Collins
I think it varies by the site. I've had fun stirring people up on several sites. One about that dating flip after 30 was fucking gold.
Julian Cox
On local news site I made a few comments about the LGBT community buying guns after Orlando, yet still voting Democrat. They were up for about a half an hour, then gone
They would flee to Reddit or, may god not will it, here.
Matthew Watson
Reddit probably
Lincoln Morris
To be fair those mobile phone games being valued that high are making multi-millions per day.
Tyler Perry
fuck off frog poster
Kevin Torres
Reddit. I doubt they would want to touch this place after all the shit that has happened. I know some of them constantly patrol this board to see if we are planning a raid, though.
Adrian Sanchez
>go on Yahoo news >it's incredibly slanted to the left >links to Huffington Post as an actual news source >everyone in the comments is right-leaning and red pilled, showing that they're just being belligerent to their reader base
Literally a garbage company. I hope it fails and all libshit ""journalists"" are left umeployed and destitute.
Christopher Collins
> Stagnation is still death IMO Yup, that is text book capitalism and the reason it is important to growth. Even Marx notes this. The whole fear of capitalism is based on your statement and that relates to conflict and imperialism on the human/social level. Putin used the embargo on Russian oil as a pretext to push out EU food products so Russia might have a chance to develop their own markets. China used the supposed negative social effects of US Internet tech to set up firewalls and develop their own products. Outbursts of ethnocentric nepotism (disguised as "equality") occur when say, the music and film industry are looking dodge. African Americans are over represented in those fields, yet that was a focus of the equality drive? = a pretext for protection of what they already have(mandatory derivative sassy black women! Its a new idea, seriously guys.).
One needs to be aggressive and use all tools available, its just the nature of the game. Stagnation of this system is not just death of a company but inevitable physical conflict. I'm not a "marxist" but this is the basis of the concept both sides know it.
Nolan Ward
Anyone has that screenshot of a guy story's who worked for Yahoo?
He described how, as they began recruiting more women, the company started losing value and they stopped doing/getting cool things like events, christmas gifts, etc....
James Richardson
>be Mayer >greatet struggling but recognizable brand >bid 10 billion on useless shit >plaster the Kardashians, salon.com, Ariel winters tits and Johnny Manuel on your website >make 40 million a year >get preg and use company cash to build some nursery while telling your employees they can't work from home
What kind of cunt takes over an iconic American brand in trouble and gets a baby put in her.
Out of touch. Yahoo has failed and she actually made every wrong decision she could.
Those titties though
Noah Rogers
I don't know how people pay to play that shit
Jaxson Hughes
what the fuck
Christian Reyes
Idk about that, but I remember reading someones story working with some internet companies not that long ago and he described it as basically hell on earth
Mason Brown
It actually takes a lot of techniques from casino's, big flashing lights making you want to continue and that "I'm almost there! I'll get it next time!" feeling to make you pay for another round.
Connor Parker
fucking retard, you have to advertise yourself nigger. How else will companies know about your accomplishments? Do you honestly think some firm will suddenly find your obscure as fuck game on steam and contact you?
Robert Gutierrez
she doesn't think women need maternity leave.
Kayden Hughes
cocaine is a hell of a drug
poorfags just dont understand it
Levi Morris
>guy cops a tit feel in the chaos
typical privileged male cis
Aiden Myers
Of course, women aren't creative. They are only good at doing what they're told. But for a private Company, if you pay someone high salary you're paying them for the absolute opposite ie to Think outside the box. That's how Tech companies stay competitive. Silicon Valley will lose because they're employing everyone except the kind of people that built the whole Tech industry (yeah I'm talking about White guys).
